Bitcoin BTC - Ready for another pump! Wedge + Elliott Wave

٢٤ يوليو ٢٠٢٢

• This is my quick update on Bitcoin on the 4h chart (local price action).
  
• Price is still holding the major support zone (21 700 USDT - 22 000 USDT) and that's why my bias is still very bullish!
  
• We have an incomplete rising wedge, so there is a great chance for another wave to the upside.
  
• As per my Elliott wave analysis - we are basically in the middle of this "huge" Impulse wave!
  
• There are a lot of Elliott waves combinations, but i think this is most probable scenario.
  
• Look at my ideas about interesting altcoins in the related section down below ↓
  
• For more ideas please hit "Like" and "Follow"!

My second alternative Elliott wave count. We have a leading first wave diagonal here.